joining us now from washington, senator lamar alexander of tennessee. should note that he voted yes to the recent so-called fiscal cliff bill but he is calling for entitlement reform in this next round. of negotiations. and why don't we put some details on the board, senator. what exactly would you like to do with entitlement reform? and if you can, be specific. >> i will be very specific. let me tell you why. i want to do that. and put it on human terms. we've got millions of americans who are waiting, counting the days literally, until they're eligible for medicare to pay their medical bills. and the trustees say medicare won't have the money to do that in just 11 years. so we need to take a trillion dollars, of the growth in medicare spending and reduce that. and senator corker and i have suggested that first you restructure medicare. this would save about $700 billion -- >> when you say restructure medicare, what do you mean? >> i mean by that. i was about to tell you. we restructure medicare so that it can compete with a reformed medicare advantage